2022
Exports
$27.7MWorld Rnk 46 / 194
Flag Rnk 87 / 96
2022
PRODUCT COMPLEXITY IN Railway and trams
1.48Rnk 58 / 1025
2022
Imports
$87.4MWorld Rnk 54 / 217
Flag Rnk 88 / 96
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $27.7M in Railway and trams, making it the 46th largest exporter of Railway and trams in the world. At the same year, Railway and trams was the 87th most exported product in Vietnam. The main destination of Railway and trams exports from Vietnam are: United States ($16M), India ($2.93M), South Korea ($1.89M), Indonesia ($1.27M), and France ($1.1M).

The fastest growing export markets for Railway and trams of Vietnam between 2021 and 2022 were United States ($13.7M), India ($2.2M), and South Korea ($777k).

Imports In 2022, Vietnam imported $87.4M in Railway and trams, becoming the 54th largest importer of Railway and trams in the world. At the same year, Railway and trams was the 88th most imported product in Vietnam. Vietnam imports Railway and trams primarily from: Japan ($36.5M), China ($35.3M), Italy ($7.13M), Poland ($1.91M), and Malaysia ($1.46M).

The fastest growing import markets in Railway and trams for Vietnam between 2021 and 2022 were China ($18M), Italy ($5.01M), and Malaysia ($747k).

COMPANIES In 2023, leading companies such as Sailun Tire (379), Guess Clothing (4), and Ashley Furniture (4) were at the forefront of shipping Railway and trams from Vietnam to the United States.

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Railway and trams. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.7M
IMPORTS (2022)$87.4M
NET TRADE (2022)-$59.7M

In 2022, Vietnam exported $27.7M in Railway and trams. The main destinations of Vietnam exports on Railway and trams were United States ($16M), India ($2.93M), South Korea ($1.89M), Indonesia ($1.27M), and France ($1.1M).

In 2022, Vietnam imported $87.4M in Railway and trams, mainly from Japan ($36.5M), China ($35.3M), Italy ($7.13M), Poland ($1.91M), and Malaysia ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Railway and trams EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$13.7M (573%)
India$2.2M (300%)
South Korea$777k (70.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Railway and trams BY Vietnam WERE (2021 - 2022):
Japan-$1.57M (-70.6%)
United Kingdom-$700k (-60.8%)
Germany-$478k (-65.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Railway and trams were:
In 2022, Vietnam's main importing competitors in Railway and trams were:

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Trade Value of Railway and trams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.5M
TOP IMPORT POTENTIALChina+ $19.1M

Railway and trams’s highest export potential is United States. With an export gap of $2.5M.   Railway and trams’s highest import potential is China with an import gap of $19.1M.

See methodology.

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